Is Foxfire, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Foxfire was a Seller's Market.
Key Takeaway
Foxfire is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Foxfire, NC
How much do homes in Foxfire, NC cost?
Median Sold Price
$460,000
$197/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Foxfire have sold for 15.3% more than they did a year ago.
Summary: The median home sold price in Foxfire was $460,000 in March 2024, up 15.3% from last year, and the median price per square foot was $197.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $171.5K | $147.2K | -14.1% |
| 2 Bedrooms | $171K | $195K | +14.0% |
| 3 Bedrooms | $395K | $428.2K | +8.4% |
| 4 Bedrooms | $455K | $486K | +6.8% |
| 5+ Bedrooms | $752K | - | N/A |
Summary: Foxfire housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.1%, 2 bedroom homes increased by 14%, 3 bedroom homes increased by 8.4%, 4 bedroom homes increased by 6.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| West End | $401.2K | $475K | +18.4% |
| Foxfire | $399K | $460K | +15.3% |
| Jackson Springs | $405K | $460K | +13.6% |
Housing Supply in Foxfire, NC
How many homes are available in Foxfire, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 23 | 24 | +4.3% |
Summary: The Foxfire real estate market had 24 homes for sale in March 2024, a 4.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 5 | 5 | 0.0% |
| 4 Bedrooms | 13 | 12 | -7.7% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Foxfire housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Foxfire, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Foxfire in March 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Foxfire, NC
How long does it take to sell a home in Foxfire, NC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 30 Days | 62 Days | +107.5% |
Summary: Homes in Foxfire had an average of 62 days on market in Mar 2024, up by 107.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Foxfire has remained consistent over time.
Summary: During March 2024, 4 homes were sold in Foxfire; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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